Sxp has been steadily climbing up and has created a cup and handle on the 4hr time frame.
The btc pair looks like it has bottomed so I'm expecting further upside on both pairs from here.
It has sr flipped the $3.55 area and is now looking for continuation.
The target of the cup & handle is $5.20.
Support line mauve
The coin stop is alumai 0.786
It is important to overcome the red dotted channel and position itself above the yellow support at $ 1.29 in order to continue its objectives
Not leaving the red channel remains negative
If it pivoted at $ 3 and then exceeded its previous high of $ 5, it would reach the ceiling of the blue dotted channel...